Immunic Inc (NASDAQ: IMUX) has seen a rise in its stock price by 2.91 in relation to its previous close of 1.03. However, the company has experienced a -6.19% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-26 that NEW YORK, Nov. 26, 2024 /PRNewswire/ — Immunic, Inc. (Nasdaq: IMUX), a biotechnology company developing a clinical pipeline of orally administered, small molecule therapies for chronic inflammatory and autoimmune diseases, today announced that Daniel Vitt, Ph.D., Chief Executive Officer of Immunic, will participate in a fireside chat on Thursday, December 5, 2024, at 11:30 am ET, during the Piper Sandler 36th Annual Healthcare Conference, taking place December 3-5, 2024, in New York.
Is It Worth Investing in Immunic Inc (NASDAQ: IMUX) Right Now?
Additionally, the 36-month beta value for IMUX is 1.88. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for IMUX is 87.36M and currently, short sellers hold a 4.80% ratio of that float. The average trading volume of IMUX on December 19, 2024 was 894.93K shares.
IMUX’s Market Performance
The stock of Immunic Inc (IMUX) has seen a -6.19% decrease in the past week, with a 0.95% rise in the past month, and a -42.08% fall in the past quarter. The volatility ratio for the week is 6.94%, and the volatility levels for the past 30 days are at 7.31% for IMUX. The simple moving average for the last 20 days is -10.59% for IMUX stock, with a simple moving average of -19.81% for the last 200 days.
Analysts’ Opinion of IMUX
Many brokerage firms have already submitted their reports for IMUX stocks, with H.C. Wainwright repeating the rating for IMUX by listing it as a “Buy.” The predicted price for IMUX in the upcoming period, according to H.C. Wainwright is $10 based on the research report published on November 25, 2024 of the current year 2024.
Leerink Partners, on the other hand, stated in their research note that they expect to see IMUX reach a price target of $5. The rating they have provided for IMUX stocks is “Outperform” according to the report published on September 09th, 2024.
B. Riley Securities gave a rating of “Buy” to IMUX, setting the target price at $6 in the report published on August 27th of the current year.
IMUX Trading at -15.13% from the 50-Day Moving Average
After a stumble in the market that brought IMUX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.76% of loss for the given period.
Volatility was left at 7.31%, however, over the last 30 days, the volatility rate increased by 6.94%, as shares sank -2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.58% lower at present.
During the last 5 trading sessions, IMUX fell by -7.85%, which changed the moving average for the period of 200-days by -29.16% in comparison to the 20-day moving average, which settled at $1.1846. In addition, Immunic Inc saw -29.33% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IMUX starting from Rudick Richard Alan, who purchase 87,300 shares at the price of $1.15 back on Nov 12 ’24. After this action, Rudick Richard Alan now owns 87,300 shares of Immunic Inc, valued at $100,369 using the latest closing price.
Stock Fundamentals for IMUX
The total capital return value is set at -2.31. Equity return is now at value -216.24, with -147.12 for asset returns.
Currently, EBITDA for the company is -99.11 million with net debt to EBITDA at 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.71.
Conclusion
In conclusion, Immunic Inc (IMUX) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
